State of Illinois

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State of Illinois FY2007 Recommended Capital Budget: An Overview

This report is a summary of Governor Blagojevich's proposed $9.95 billion FY2007 State of Illinois Capital Budget.

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Senate Bill 2691: Alternative General Homestead Exemption Extension

The Civic Federation supports the extension of the "7%" property tax cap for an additional three years, but does not support raising the EAV exemption maximum from $20,000 to $60,000.

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State of Illinois Pension Systems: Analysis and Recommendations (Excerpted from The Civic Federation's State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations)

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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State of Illinois FY2007 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation opposes the State of Illinois Recommended FY2007 operating budget because it takes a partial pension holiday of $1.1 billion at the same time as it increases spending for recurring programs by $1 billion.

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GASB 43 and 45 Reporting Guidelines For Other Post Employment Benefits: A Civic Federation Issue Brief

This issue brief provides a "plain English" description of how GASB 43 and 45 will require government financial reporting on non-pension post-employment benefits (OPEB). It is illustrated with preliminary estimates of unfunded OPEB…

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Civic Federation 2006 Legislative Priorities

The Civic Federation's legislative priorities for 2006 include public pension reform, elimination of the Suburban Cook County Tuberculosis Sanitarium District, property tax exemptions and assessment reform, revision of the Regional…

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Final FY2006 Illinois State Budget: A Civic Federation Issue Brief

The Illinois General Assembly approved a final State budget of $43.57 billion, 0.03% more than proposed by the Governor. The Governor and legislative leaders approved a 2-year pension funding “holiday” of $2.3 billion to help balance this…

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Civic Federation Urges Immediate State Action on CTA Funding

The Civic Federation supports HB 1663 as an important first step toward resolving the CTA's financial crisis, but continues to call for a CTA fare increase and supplemental state funding to bridge the agency's immediate deficit and avert…

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State of Illinois Pension Systems: Analysis and Recommendations (Excerpted from The Civic Federation's State of Illinois FY2006 Recommended Operating Budget: Analysis and Recommendations)

The Civic Federation strongly supported the Governor's proposed pension reforms and urged the General Assembly to adopt the pension reforms as well as a moratorium on further benefit enhancements.

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State of Illinois FY2006 Recommended Operating Budget: Analysis and Recommendations

The Civic Federation strongly supported the Governor's proposed pension reforms and the Pay as You Go funding proposal . It urged the General Assembly to adopt the pension reforms as well as a moratorium on further benefit enhancements.